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Southland properties cited in housing maintenance lawsuit against Fannie Mae

SSMMA

Image courtesy of the South Suburban Housing Center

Image courtesy of the South Suburban Housing Center


Homes in the south and southwest suburbs, as well as northwest Indiana, are cited in a federal lawsuit as examples of how mortgage lender Fannie Mae allegedly employs a double standard in maintaining foreclosed properties it owns.

The lawsuit by the National Fair Housing Alliance claims that Fannie Mae does a better job of keeping up foreclosures it owns in predominantly white communities than in communities with significant black and Latino populations…Please click here to read Mike Nolan’s story in the Tribune/Daily Southtown.

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